Answer Posted / mayank chandola

total sales and income during the accounting year .......

if we have provision for bad debts and RDD then on which amount we have to calculate RDD original or deducted?

3758

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wat is mass allocation and when it is used

2014

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2. A budgeted profit statement of a company working at 75% capacity is provided to you 2 below, Sales 9,000 units at Rs. 32 Rs. 2,88,000 Less: Direct materials Rs. 54,000 Direct wages 72,000 Production overhead: fixed 42,000 variable 18,000 1,86,000 Gross profit 1,02,000 Less: Administration, selling and distribution costs: fixed 36,000 varying with sales volume 27,000 63,000 Net profit 39,000 You are required to: (a) Calculate the breakeven point in units and in value. (b) It has been estimated that: (i) if the selling price per unit were reduced to Rs. 28, the increased demand would utilise 90% of the company's capacity without any additional advertising expenditure, and (ii) to attract sufficient demand to utilise full capacity would require a 15% reduction in the current selling price and a Rs. 5,000 special advertising campaign. You are required to present a statement showing the effect of the two alternatives compared with the original budget and to advise management which of the three possible plans ought to be adopted, i.e., the original budget plan or (i) above or (ii) above. (c) An independent market research study shows that by spending Rs. 15,000 on a special advertising campaign, the company could operate at full capacity and maintain the selling price at Rs. 32 per unit. You are required to: (i) Advise management whether this proposal should be adopted.

2266

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List out some of the examples for liability accounts?

979

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iv, A non -performing asset is A, Money at call and short notices b, An asset that ceases to generate income c, cash balance in till d, none of the above

1996

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what is the relationship between cost accounting financial accounting and managerial accounting?

1021

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Proprietor paid amount of Rs. 11060/- for car insurance. Pass Journal.

1433

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capital goods purchased from Singapore. payment made by bank in rupees. but the invoice value is in USD, How to make purchase entry in tally?

1555

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Tell me an example of a tough decision that you had to make?

1064

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Please let me know Under head of Sales Advance?

2004

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what is the difference between cash book(cash coloumn) and cash book(bank coloumn)?

2081

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How will I post entries to Tally If I purchased a Car in Loan. The principal Amount = 62930 Interest = 6846 Total = 69776 We have to pay Rs 1191 every month for 4 years which include Principle amount and interest. how can I post the monthly entries to tally

27395

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Other accounting interview questions to expect when you interview for an accountancy job include:

1018

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Tell me where do generally accruals appear on the balance sheet?

958

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What are the items that are to be debited in accounting and what are the items that are to be credited in accounting?

1226

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